Given the increasing fiscal constraints facing Latin America and Caribbean (LAC), it is imperative to adopt smarter, more strategic procurement approaches that reduce waste and enhance the efficiency of public funds, particularly with a focus on mid- and long-term developmental outcomes.Such a strategy could go a long way in helping bridge the financing gap for … [Read more...] about Smart Public Procurement for Better Public Spending in Latin America and the Caribbean
Karen Astudillo
Karen Astudillo is a Specialist at the IDB’s Fiscal Division. She has more than 10 years of experience working on issues related to fiscal policy and tax administration, gender, and equity. Over the years, Karen has led and coordinated key technical assistance and analytical work in Latin America and the Caribbean. Before joining the IDB, Karen worked at the US Agency for International Development in Ecuador developing projects in health policy and gender matters. She has an MBA and a BS in Finance and Economics from the University of Maryland.
Four Strategies to Make Tobacco Taxation an Effective Tool to Reduce Consumption
Fiscal policy has a key role in reducing tobacco use. According to the WHO FCTC, raising taxes has been one of the most effective measures by far. This is because an increase in taxes, directly affects the price, which in turn makes tobacco products less affordable. Pricier tobacco products have the positive effect of reducing tobacco initiation, prevalence, and consumption. … [Read more...] about Four Strategies to Make Tobacco Taxation an Effective Tool to Reduce Consumption